Texas Teachers’ Pension to cut China target allocation
(Reuters) – The $184 billion Texas Teachers’ pension fund is set to settle on a new emerging markets stock benchmark, a move that will cut its exposure to Chinese stocks…
(Reuters) – The $184 billion Texas Teachers’ pension fund is set to settle on a new emerging markets stock benchmark, a move that will cut its exposure to Chinese stocks…
By Sinead Cruise and Tommy Wilkes LONDON (Reuters) – A Bank of England fix to ease pension schemes’ cash crunch by getting banks to assume the role of rescue lender…
By David Randall NEW YORK (Reuters) – U.S. fixed income and international equities could benefit from quarter-end rebalancing as pension funds square their books after a brutal three months for…
LONDON (Reuters) – A dramatic upswing in British government bond yields this week triggered calls for cash from defined benefit pension funds, forcing them to slash positions and prompt the…
MUMBAI (Reuters) – Canadian pension fund Ontario Teachers’ Pension Plan has agreed to buy a 30% stake for 23.71 billion rupees ($297.5 million) in Indian automaker Mahindra’s renewable power assets,…
PARIS (Reuters) – France’s public spending on pensions as currently planned threatens President Emmanuel Macron’s deficit-reduction targets, an independent retirement system panel said in a report to be released later…
Liberal Pension Leaders Petition Credit Card Companies To Track Firearm Purchases John Hugh DeMastri on August 30, 2022 Pension officials in New York City and California have petitioned Visa, Mastercard and American…
By Niket Nishant and Divya Rajagopal (Reuters) -Canada’s second-largest pension fund Caisse de dépôt et placement du Québec (CDPQ) is exploring legal options over bankrupt crypto lending firm Celsius and…
SYDNEY (Reuters) – Australia’s biggest pension fund has outgrown the country and wants to quadruple in size to be a global investment powerhouse worth A$1 trillion ($700 billion) within a…
‘May Violate Multiple State Laws’: Republican AGs Demand BlackRock Answer For Pushing ESG On State Pension Funds ‘May Violate Multiple State Laws’: Republican AGs Demand BlackRock Answer For Pushing ESG…
NEW ORLEANS, LA – On July 12, 2022, United States District Court Judge Greg Guidry sentenced WAYNE TRICHE, 72, of Baton Rouge, Louisiana, to forty-one (41) months imprisonment, announced U.S.…
COLUMBUS, Ohio – Cindy S. Hardway stole more than $250,000 over 15 years by continuing to claim her father’s pension and Social Security benefits after he passed away. The 62-year-old…
HONG KONG – Taiwan’s largest pension fund is seeking to hire global asset managers to run a bond portfolio totalling $3 billion. The Bureau of Labour Funds, administering $5.8 trillion…
By Selena Li HONG KONG – The fund management arms of HSBC and Morgan Stanley were among three others to win a mandate from Taiwan’s largest pension manager to run…
By David Dolan TOKYO – Toyota Motor Corp heads into its annual general meeting on Wednesday under fire from New York City and Danish pension funds over its commitment to…
WILLIAMSPORT – The United States Attorney’s Office for the Middle District of Pennsylvania announced that a former securities broker based in Memphis, Tennessee, John Sherman Jumper, age 56, of Eads,…
By Jody Godoy (Reuters) – A Rhode Island pension fund has sued Credit Suisse Group AG former Chairman Urs Rohner and 19 other directors and executives, alleging their failure to…
SHANGHAI – China’s securities regulator nudged mutual funds to develop fund products for private pensions and asked them to stabilise markets, as Chinese equities witness a downturn that has pushed…
By Nelson Bocanegra CARTAGENA – Candidates most likely to win Colombia’s presidential elections on Friday agreed for the need to reform the country’s unbalanced pension system so that it provides…
By Ross Kerber (Reuters) – A Florida official praised Elon Musk’s offer to buy Twitter Inc and said pension officials will tell the company its efforts to fend off the…
MIDDLETOWN, NY – A Middletown woman has pleaded guilty in court to collecting her dead mother’s pension. According to Orange County District Attorney David M. Hoovler and New York State…
SANTIAGO -A new pension withdrawal in Chile was voted down by a congressional committee Tuesday night after President Gabriel Boric submitted a competing proposal hours earlier that cleared a vote…
By Ross Kerber (Reuters) – One of California’s big pension funds said on Wednesday it will push companies to add more women to their boards and to disclose more about…
By Nelson Bocanegra BOGOTA – Leftist Colombia presidential candidate Gustavo Petro’s promises to halt new oil projects and redistribute pension funds could put the country’s economic stability at risk, investors…
By Jonathan Stempel NEW YORK – New York’s public pension fund, one of the largest pension funds in the United States, will divest its holdings in Russian companies following Russia’s…